§ 9-4-101 — Fiscal year; delivery of state property by treasurer and auditor to successors

The fiscal year for all agencies, boards, commissions,
departments, instrumentalities or institutions of the state
government shall commence on July 1 in each year, except as
otherwise specifically provided or authorized by law. At the end
of their respective terms of office the treasurer and auditor
shall deliver to their successors all official books, papers,
records and balances of funds in their possession. If either or
both successors are not elected or appointed and qualified, the
existing incumbent of the office shall retain the state property
until the election or appointment and qualification of his
successor occurs.